Egypt's opposition leader and presidential hopeful Ayman Nour walked out of Cairo's central security headquarters Saturday and was whisked to the shoulders of his supporters after posting bail. Nour flashed a V-for-victory sign from over their heads.

Judicial authorities announced earlier Saturday that bail had been set at $1,725.

"I am so happy. Ayman is of the people, for the people. He was never a stooge of the authorities," his wife, Gamila Ismail, said, according to AFP.

Nour was arrested on Jan. 29, accused of presenting fraudulent signatures in order to win the license for his party - but he was never formally charged and he and his supporters claim the detention was political, aiming to eliminate him as a rival to the ruling party.

Nour last week announced his decision to run for the presidency. Nour's Al-Ghad Party welcomed the prosecutor's decision. "Now we hope that Ayman will be referred to a fair and quick trial," said Ragab Hilal Hmeida, the party's secretary general.